Use Cases

How Can DemystData Help You

The DemystGateway can be seamlessly integrated within decision workflows to match any data against other customer information at the point of application – be it for credit, anti-fraud or verification purposes.

Convert New Customers

The DemystGateway assembles and processes insights that arm our clients with the individual and business information of the borrowers to make the best lending decisions possible.

It’s no secret that penetrating new markets of customers is hard. Offering financial services to first-time borrowers with limited information is incredibly costly, both in terms of assessment cost and the associated risk premium institutions need to charge.

Facilitating better risk assessment at the point of application enables our clients to automatically accept the lowest risk customers, providing massive cost savings to grow their customer base, and reject those most likely to default.

Case StudyNew-to-Institution Credit Scoring

BrochureAutomate SME Lending

Identify Fraudsters

The DemystGateway helps our clients aggregate data from various sources to provide high match-rates on potential fraudsters.

Fraudsters are relentlessly finding new, more sophisticated ways to commit fraud. Driven by an overreliance on legacy systems and the slow adoption of newer technology, financial institutions struggle to tackle ever-growing new methods to commit fraud.

As part of any informed credit decision, institutions need to ensure that they are mitigating potential fraudulent behavior – be it through knowledge-based authentication of first-party fraud or through more intricate synthetic fraud profiles.

White PaperSynthetic ID Fraud: An $8 Billion Problem

Case StudyFighting Fraud on E-Commerce Platform

Know Your Clients

Compliance has never been more complex and regulated. Such requirements, however, are not optional and getting them wrong can be hugely detrimental.

On the business side, conducting time-consuming and expensive manual verifications can easily get in the way of effectiveness. Companies must also rely on static and subjective calculations to assess their customers, making it difficult to ensure that their clients are who they say they are.

On the consumer side, customers expect the highest level of convenience online, regardless of the providers, and cumbersome processes lead to large drop-off rates.

These challenges are addressed with the DemystGateway that automates processes, minimizes friction, and prioritizes the most updated and accurate information at the right time.